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with an exclusive look at their latest cfo survey. how are cfos planning what washington can decide? liz: state across the country must decide today who will be setting of the mandatory health insurance exchange required by the health care act. the decision could have a big impact on your coverage and the prices you will pay and maybe insurance stocks. we will break down the numbers for you straight ahead. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. th's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily.. or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung fu
house correspondent dan lothian joins us live from washington this morning. very nice to see you, dan. >> good to see you. >> here's the deal. we have republicans pitted against democrats. now we understand there are issues amongst republicans as well. >> that's right. they're in a tough spot here. they don't want to be in left in a position of being blamed for the fiscal cliff. you're seeing a division between house members and senate members. the reason for this is mainly over the 800 billion in new tax revenue. this was part of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> but zo
because of the gridlock in washington over this fiscal cliff. christine, you had a behind-the-scenes look yesterday at what's happened. >> i interviewed the ceo of fedex about the fiscal cliff, energy securities, but along the lines of the fiscal cliff there were a lot of people at this event, gene sperling, an adviser to the president, roy blount, a republican senator from tennessee there as well. people are grim right now about where we are on the fiscal cliff. i asked the ceo of fedex, he employs people. he is shipping packages. he cares about the price of oil, price of energy, and he cares about the clarity of what's happening in washington. listen so what i asked him. >> as a ceo, when you're watching the fiscal cliff, how do you make decisions? is it irrelevant to your business if we go over the fiscal cliff? how does a ceo look at what's happening in washington and decide for next year? >> most of the ceos look at the situation in washington with complete amazement and dismay to be frank about it. the problem is the ideological pinnings on both sides of this argument are so difficu
'm not going to say it. >> you are in our hearts. you can tell us what's going on in washington. what's going on in washington? >> bad dynamics. >> really? >> those of us optimistic there'd be a deal. the white house has blasted boehner's offer as much as the republicans blasted the president's. people like to say, oh, they're going to posture, but behind the scenes they're working it out. they're not. >> i hear chuck todd reported yesterday behind the scenes a top aide to barack obama, willie geist. and this -- i don't -- i'm not really good at reading the tea leaves. maybe this is good, maybe this is bad. but a top obama aide yesterday told chuck todd that if the republicans -- if these republicans were in power when abraham lincoln were there, there would still be slavery. does that help the process move along? or does it hurt? i don't really know -- >> reading between the lines. >> i know one direction, i know boy bands. >> reading between the lines, that's probably a bad omen. we do have four weeks, though. >> that's bad. >> absolutely. we have, i believe, we have 27 negotiating days. un
a double whammy if we go over the cliff. what compromises he'd love to see come out of washington, and how he believes they could reach them. this is a guy who deals with the democratic senate, so, really, he knows how to cross the aisle to make it happen. david: somebody else you know about, with all the talk about tax increases, the idea of a simple flat tax dead? we'll see. forbes doesn't think so. there's a news conference along with washington lawmakers to push for the flat tax. he joins us later this hour. liz: first, what drove the marketings for today's data download. stocks ending lower, struggling for direction most of the day, unable to hold gains trading lower. i think it was 79 times. health care and industrials were today's top performing sectors and telecomo lagged. the euro extending the gains versus the dollar, rallying to a near seven week high against the green back after greece announced its debt buy back terms. euro rose to a $1131. that's high historically. action in the metals. silver, platinum, all sinking more than 1%. silver was today's biggest loser dropping near
washington. what's the the latest on the talks or the silence? >> the silence seems to be golden, john. remember last week when all the players involved seem to be posturing and positioning and talking about negotiations? not so much, at least in the past few days. we know president obama and house speaker john boehner had a one-on-one meeting, right, on sunday, their first since mid-november. what were the details from that meeting and from the ongoing discussions? they're not really -- both sides are not really being forthcoming with what the substance of those conversations, both sides yesterday, the white house and the republican leadership put out statements. they're essentially the same. i'll read just one from boehner's press secretary. discussions with the white house are taking place but we have no detail to share about the substance of those conversations. the republican offer made last week remains the republican offer and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people.
putting partisan politics ahead of what is good for america. even the "washington post" is calling him out saying he has no intention to negotiate. writing: >> sean: let me repeat, the offer lacks any concessions. if you want the most recent concrete evidence of how irresponsible president obama is, you need look no further than his opening bid in budget talks. the proposal awd to republicans late yesterday courtesy of tax cheat geithner calls for the following: 1.6 trillion dollar tax increase, increasing rates on incomes over $250,000. 150 billion dollars in new public stimulus spending of which 50 billion would be spent next year. another extension in unemployment benefits, 30 billion. new power to raise the federal debt limit without congressional approval. in other words, an obama blank cheque. that is not all. he also wants the estate tax to be levied at 45% on inheritances a step even democratic senators are balking on this current is 35%. the obama offer contained no serious cuts, no serious reforms to entitlement programs and no serious proposals of tax reform this president had t
. and preparation now of weapons like sarin gas. more on that coming up in just a bit. >>> also from washington right now, fox news has confirmed that the fbi is today investigating who hacked into the computers of our retired admiral mike mullen and read his e-mails. this guy's the former chairman of the joint chiefs. and they're in his personal computer. the bureau discovered that someone had read the e-mails of the former chairman of the joint chiefs back in october of this year, and we are told that all the clues point to someone in china. john lucas is an internet security expert and the international president of high-tech crime experts. did i get your last anytime right? >> close. megyn: thanks for the clarification. now, he's on his personal computer, but he's on government sort of property doing work for the government on his personal computer, and he's talking to people who still have all the clearances and so on, and why do we believe it was the chinese? >> well, what happens is when the fbi or anybody gets involved and started tracking this back, we're going to trace the ip addresse
join us from washington, d.c. welcome to you. >> thank you. lori: why do you think right-to-work is good idea in michigan? >> michigan has th been one of e states hardest hit by the downturn. they want to do what they can to attract jobs. right-to-work states have lower unemployment rate. it is not hard to understand why businesses don't particularly want to be unionized. they don't want to have happen to them what happened to general motors or chrysler. yothey make it less profitable r unions. as a result you get more invested and more jobs. jobs are one thing michigan definitely needs. lori: i agree. the unions would argue many of the freedoms, many of the advantages their workers enjoy her because of the lobbies and the history they have had, therefore the unions are deservedly deserve their dues. >> if you can persuade workers to give you their money, that is fantastic, that is your constitutional right. they should not be forced to pay dues to the union. 20% of union households in michigan support the right to work law. probably because there's a awful lot of union w
performed at a christmas event at a washington charity that aired on tnt. watch this. >> ♪ ♪ >> all right. look who had a front row seat, none other than president obama and his family, but not only did our commander in chief sit through this anti-american's performance he was caught on camera shaking his hand. did no one, no one in the organization of the event, or our own president think ma maybe, just maybe, this was inappropriate. now the importance of this should not be understated or dismissed. well, why? let's imagine that the rapper called for the killing of a race of people. white, black, hispanic, asian. do you think for one minute that the president would allow himself to stand or be in the company of such a person, allow them to perform before him? on the other hand, what if the rapper talked about killing people of a particular religion? jews, hindus, christians, muslims? would the president be so forgiving. in this case psy is calling for the torturing and killing of americans, more specifically american soldiers and their family members. now the commander in chief is not go
this morning." i'm charlie rose in new york. norah o'donnell is in washington. the northeastern coast of japan is still recovering from a devastating tsunami, less than two years ago. this morning, history threatened to repeat itself. >> that's right. a major earthquake struck in the pacific ocean overnight, setting off tsunami warnings in that same area that was hit so hard back in march 2011. lucy craft is in tokyo. lucy, good morning. >> reporter: good morning. this latest quake is just another reminder of how terribly vulnerable japan is to an assortment of natural disasters. memories of that triple tragedy in 2011 are vivid for all of us, but especially up in the northeastern coast of japan, which has yet to rebuild since last year's tragedy. here in tokyo, the 7.3 magnitude earthquake rattled windows and shook walls for several minutes. buildings swayed but there were no immediate reports of damage or death. there were ten injuries. off the northeast coast. sirens blaired as officials issued immediate warnings for residents to escape to higher ground. >> translator: i'm all right now. >>
, they're going to make a deal in washington. i lived inside the beltway, have a pretty good network inside the beltway. cantor is worried -- excuse me, not cantor, boehner is worried about not being reelected as speaker of the house. they can't vote on that until january 4th with the new congress on that. cantor wants that job. so i think boehner's going to press for a deal, i think he's going to go ahead and allow president obama to raise taxes to 39.6%, and i think that'll take the edge off the fiscal cliff. david: let's take this discussion out of the beltway and into the real world. the economy, and, jeff, i want to start with you because you're bullish, but if you're so bullish, hy are you downgrading housing right now? >> because our housing team made a really good call on the housing stocks, and they outran their valuations on a short to intermediate-term basis. they downgraded them about two months ago. liz: okay, so where's the money? show it to us. >> i like just about everything except consumer staples. i think industrials look good, i think they are the new consumer sta
are in washington in the hearing room of the house ways & of means committee. that committee writes all of our tax laws so this is the room w where any deal on the fiscal cliff would be born or die. we have we have new information on those negotiations in just a moment.. >> that's right, it's incredible it's incre to be here in this room. we're going to talk more about mor this a little later in the show. >> surrounded by all the photographs of all the powerful house & ways means chairmen.and >>> we want to get to some of first. the news first.g with violent ski on the other side ofn the the country, thousands of of the holiday shoppers had to ask thor yesterday as a man wearing camouflage opened fire at a mall hundreds o just outside portland oregon. police say he killed two people and wounded another, then shot another, himself to death. john blackstone is at clackamass town center. john good morning. >> reporter: good morning, norah and charlie and good morning to our viewers in the west. the christmas spirit quickly left this mall yesterday. one eyewitness said the gunman was
in washington. speak up for the fiscal cliff is part of the half trillion dollars in cuts to the pentagon. the defense has been saying we will not plan for sequestration's because they don't want to be cautious because it is like a gun to the head. they're now looking into planning for this because we are getting pretty late, and that may become a reality. back to you. melissa: rich edson, thank you so much. lori: let's continue this discussion. it is going to happen, it is exactly what the democrats want. according to scott hodge of the tax foundation. what are some alternatives to raising revenue? joining me with some ideas. to your point, you're written quite extensively on this topic. it seems the economy is poised to fall off the cliff and that's what the democrats and the president wants to happen. >> they want to allow all the bush tax cuts to expire. it happens naturally automatically. they don't even have to vote for it. in january we had to lower taxes for everybody. getting it very simply. lori: a lot of people are concerned. if we do go over the cliff, there's no resolution fo
, connecticut and more on the president's reaction we go like to our washington correspondent from washington, dc. james? >> good morning, from the nation's capitol where for president obama as for all americans, it was a if the madness of the phenomenon, the mass shooting, descended, in connecticut, to the most horrifying level. the would fills -- the profile stayed the same, young man, in adolescent, severed from community and simple pleasures and articled. he is described as of advanced intelligence but remote. most of the victims in this case were very different. children ranging in age from 5 to 10, the most defenseless. the toll as we have reported, 28 dead including the mother and the school principal and 20 children, one school worker was wounded. president obama who has layed the difficult role of consoler in chief in the past struggled this time to contain his emotions and he spoke of the landmarks of life, first days, graduations, and victims of their families were robbed of this along with innocence taken of those who survived. we endured too many of the tragedies and when i learn
it firsthand this week when i was down in washington. there is arrogance and condescension in many left wing precincts despite the fact that u.n. ambassador today susan rice is out of consideration for secretary of state. we will more on that with bob beckel coming up. the more secular progressives understand now is their time in history. the agenda is clear. above all the secular forces want to change the economy. they want the government to run it and provide graddle to grave entitlements for those americans who cannot or will not provide for themselves. the left also wants to control profits in the private sector taking as much money as possible away from the achievers and the corporations. again, with the intent to redistrict the cash. so that's agenda number one. number two, is to obliterate some american traditions. gay marriage, not about matrimony anymore. it's about civil rights. and if you oppose gay marriage you are a hater, a rights denier. legalized narcotics, the left sees drug users as victims and believes no one has a right to stand between an american and intoxication much.
standard, steven haze. welcome. great to have you here. i want to sart with the conversation in washington and what the speaker had to say about the status of the fiscal here is mr. boehner. >> this is in the progress report because thereis no progress to report. when it comes to the fiscal cliff that is turning our economy and jobs, the white hhuse is wasted another week. gerri: what do y say? we wasted another week. we seem to be getting nowhere, and now folks are saying the president is trying to entice us of the fiscal cliff. >> look, i think they're actuly some pretty strong incentives for the president to take the country over the fiscal cliff. if you lo at what the president's stance to gain if the country goes over the fiscal cliff, here are very clear and identifiable things. on the one hand the president could idenfy himself as a tax cutter. he could say -- on january 1st the president in terms of the country and say, now in favor of cutting these taxes that have been raised because we did not solve this before the fiscal cliff. he can turn and say to my want to restore some of t
. leadership void in washington . look who is stepping in to help settle the debate. former governor jeb bush. could it work. >> steve: no police in sight. a mob of protestors tore down a tent with children and elderly people and people with wheelchairs inside. >> two men came in with ski masks and had box cutters. >> steve: that is what happened in michigan a couple of days ago. >> brian: we'll not see commercialism like this anymore? ♪ >> brian: yeah, outlawed because they are just too loud. >> steve: really? >> brian: "fox and friends" starts -- ♪ >> this is the stage manager, ho, ho, ho. happy holidays. you are watching. "fox and friends". >> steve: very nice. >> brian: and joe did not know the news that we found out early this morning. that bralanedwars acquired by the new york jets had a ham string. >> steve: joel is america's biggest jet's fan. >> gretchen: that is insider information. >> brian: he had a bounce in the step. >> gretchen: luckily i know who that is. should we kick off the show with headlines. we now know the identity of the shooter in the mall . he had no history of
. >>> also at home, new developments in the tax showdown in washington. a deal has to get done by january 1st or everyone's taxes will go up. we'll talk about what it will take to get negotiations back on track. >> republicans had their proposal yesterday. we'll see what the reaction is. >>> also, take a look at this video. is this the real-life grinch who stole christmas. the man caught on camera stealing christmas decorations. letting the air out of the whole thing. we'll get more on that in just a moment. >>> also, jessica biel here live. what's life like right now being married to justin timberlake. also, a new movie, on the way, "playing for keeps." so much to talk to her about today. >> that is coming up. >>> let's go to lara, live, all morning long, at buckingham palace with the latest details on the royal baby. good morning, lara. >> good morning, george. what a joy to be here on this day of celebration here in england. folks cheering and giving a thumbs-up as they pass. buckingham palace behind me. and the papers shouting out the great news. there's the picture on "the times." "we're
this every time in washington. it gets to people after a while. regular people who just hear about it. even if it does not affect them that much. they just start to think, the government cannot do anything right. say they do. say they cut a deal. they come up with some sort of fiscal cliff solution, if you can call it that. what does the economy look like dead? >> i think that regardless of a solution, i think the economy will pick up. it is like a speed trap. you will slow down to some ridiculous slow speed when you go through that town. once you know what the rules of the roads are, you will come back through a little bit faster. connell: what are the things that we are doing right? >> well, the one area that is really picking up is homebuilding. homebuilding will do better. it will do better next year in a matter what happens in the economy. the inventory of new homes is that in inventory low. even if sales pulled even, construction will pick up. i am trying to balance that optimism with the reality when you look at past recessions, recessions are typically caused by policy mistakes. the
within the republican party. they don't understand any of this. they didn't come to washington to do anything for the american people. they came on an ideological binge and they are staying on that. they are not going to come off of it. so i think that speaker boehner is going to have to cobble up 130 republican votes knowing full well about 45 or 50 of them he's never going to get, and we on the other side of the aisle are perfectly willing to come up with 125 or 130 votes on this issue and let's just meet halfway and get this done. that would give you 260 votes. you don't need but 218 for it to pass. but if you think you're going to do something and get your 218 just from the republicans, then that's not the way to do it. and i think that that's what the problem is here. speaker boehner is being threatened with that 218 votes from the republicans or he is subject to lose 125, 130 of them when he's trying to get re-elected to his speakership. >> do you think he can fight that rebellion off, sir? because there are a number of people who are saying that they would rather replace him a
world, the business community, everybody around washington is saying, look, guys, make some progress here. neil: what worries me now is when the next hoe drops. democrats, largely 80 congressman did today, following the congressional black caucus and others like schumer said there's no reason to go after entitlements right now. what's to stop republicans from saying, we'routs of here, we're done. >> there is not a lot to stop republicans from saying, nope, then this is not going to work. we are not going to be able to come to a consensus before christmas or before we go off the cliff. a big he want of that was john boehner. he is headed home to ohio for the weekend. obviously, the lines of communication remain open with the white house, but that, to me, is very much a move, a political move, saying, hey, you need to come to the table a little bit more, white house and democrats, if we have any chance of making progress and getting a deal. neil: elizabeth? >> well, i think anyone in the situation woulagree you can't make the perfect the enemy of the good, but agree that no deal at thi
the public. not in washington or with congress or the senate. here is what he had to say. >> it is not acceptable to me, and i do not think it is acceptable to you for a handful of republicans in congress will middle-class tax cuts hostage simply because they don't want tax rates on upper income folks go up. gerri: it sounds like the same old, same old. the president has been making the same comments again. is this any way to sell a plan? >> there really is not. the president is not being serious about this. the fact that the president is out there campaigning on this rather than negotiating, it means that those that are negotiating, such as secretary geithner, they probably don't feel bound by what the president is saying. this is the first gammons and certainly not a serious offer. >> mitch mcconnell laughed out loud on camera at the plant. what do you make of that? >> he had every reason to. let's look at this plan for what it is. a mssive tax hike. instead of offering tax hikes, which is something that republicans have been mandated, he wants more spending and he's no
is unserious. this is washington, back to you. liz: we have a lower third banner that says we can probably solve this in a week according to the president. >> if he said if republicans relent on raising tax rates on $250,000 per year. david: always the question of if you'll take over the power, rich edson is they're following it all for us. coming up, more on what is happening in washington, the chief number cruncher on the heritage foundation here to tell us why they're increasing taxes 25%. liz: pandora shareholders may be singing the blues after the stock plummeted 20% at one point today after beating earnings estimates but admitting it will swing to a loss. ask any internet radio pioneer and ceo joe kennedy why he is whistling a much better tune despite that. next. liz: to remember yesterday pandora got smacked in the after-hours. not singing a great tune and all, humbled 17% following the earnings release while most numbers came in above analyst estimates it was a guidance well below what many were hoping for. the stock suffered a number of price talks, but did not get a lot of downgr
performed for the president. ♪ ♪ >> gretchen: he gained fame for the christmas in washington special. many are outraged like the mothers of the navy seals. >> performing for the president is disgusting. how do we choose those role models. he should be on a terrorist watch list. it is disgusting to me. >> gretchen: that mother's son mark allenley lee was the first navy seal killed in iraq. it is interesting when you find out things about people when they are famous. that dance craze took over the world. >> steve: i am surprised mr. psy didn't say let me explain what i was talking about. >> gretchen: he did apologize. >> steve: but nonetheless they didn't pull the plug. >> brian: kill their daughters and kill them slowlyy and smash the model of the american tank and called for our men. what do they teach in south korea schools. we are protected them. the checks we right every day to protect them on the dmz line on a daily basis to allow their democracy to flourish, to me this is the niche, niche, niche of all south koreas to feel this way. i would like to find out how americans are treated i
in washington all week long. >>> ford is issuing recalls for two of its newest and biggest-selling models. the 2013 escape crossover and the 2013 fusion sedan. ford is urging owners to contact their dealers as soon as possible because the eco boost engines can overheat and catch on fire. the recall effects nearly 90,000 vehicles. >>> autism, bing eating, mod disorders and hoarding are being changed in the bible of psychiatry. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment
easily called in sick. ♪ ♪ >> brian: new york giants play the washington red skin and they ended up lose will. i don't want to talk about. giants are 7-5 and redskins 6-6. he was faulted for keeping quiet about the fast and furious. gary grinnler chief-of-staff for eric holder is stepping down, last day tomorrow. steve, something to do with nothing i talked about. >> steve: has to do with the law. they risked their lives to protect our country. >> gretchen: u.s. veterans deemed too mentally incompetent to handle the finances are entered into a national criminal background system. that prevents them from buying or owning a gun. >> steve: should the second amendment right of those veterans be taken away. we'll have to judge andrew napolitano. >> i am upset about the gines. i will do my best. >> steve: in the defense bill, there is a sticky issue of whether or not veterans should be allowed to bear gun. >> the right to bear guns it is a natural right. if you are armed you have a right to defend yourself and your family and country. that is a right and not a gift from the government. you don
. and our steve leesman is one of the lucky few who gets a question and he joins us now from washington. this is really something that not a lot of people expected, steve. >> i think that's right, tyler. and it is absolutely historic. fed for the first time putting economic targets around its funds rate projections and first of all, the other news was that it did end -- it said it would end to replace that so that brings the monthly purchases of long-term assets to $85 billion. i want to show you some math. the current level of the math call it 2.8 trillion. add a trillion to that, you will be at 3.8 trillion if we do go at this pace for a full year here. the precrisis level is $800 billion. i want it put it another way, tyler. increase the balance sheet from '09 to '12 by a trillion dollars. we will do that in one year. aggressive policy from the fed. unaggressive as tyler mentioned the idea of using economic targets for funds rate. we know they were talking about it. we know there was support. we didn't think the federal reserve had unanimity enough to do this. only jeff lacker from r
in the washington post today calls for an end or at least limits on the deductible for charitable deductions. overwhelmingly the deduction benefits of the wealthy and the rest of the country has to make up the gap. of course it benefits the wealthy,,but not as much as it benefits the charity is my point. and the president's proposal includes, this is the president higher taxes on wealthy for income dividends, and a slew of new taxes as part of obamacare. >> here is what speaker boehner said on taxes. >> the day after the election, i the cameras and made clear that republicans were willing to ut revenue on the table if there were serious spenddng cuts and reforms put in place. we've talked about them. the president and the white house have had three weeks and this is the best we've got? >> so, it's all taxes and all raising taxes, no worries, there are serious proposal or even talk about reforming entitlesments, talks have gone nowhere, we're weeks from january 1st the fiscal cliff deadline. at least we're not stuck on the road to moscow. take a look at video out of russia, thousands of driv
in equity markets because of what is going on in washington and of course a whole variety of other factors involved but the fiscal cliff conversation is kind of a watch and see. there is nothing new the horizon. the calendar is running against them, but that does not mean anything will actually get accomplished. liz: peter can't mak, make yourn what to buy. does not matter there is all this uncertainty, there's always a trade, always a play. make the case for why. >> the fed is supporting risk and the metals have had a great day today. frankly i love precious metals. that's a much industrial metals does we will be in for a tough play. especially december closing out in a negative despite the year-to-date performance which has the nasdaq you have to be all up very handsomely. in december closes to bee3 negative for the month due to effect next year is the first yeer in the presidential four year term we could have some very stiff headway. liz: you se said a metals did it beautifully. hold up half a percent for gold futures, high-grade up about a percent. decent data out of china. define bea
if they don't do their job in washington. we're obviously concerned about it. if they deal with it, which we think they will. we think that next year should be pretty positive. >> meanwhile big party tonight? >> big party tonight, big party last night. >> that's what the city's all about. >> we'll be opening white plains in may, it will be a little warmer than it was up there last night. it's very exciting to see those hotels get done. 1,000 jobs for the city. >> you see at the bottom of your screen, nat gas inventory. >> listen natural gas prices are extending their gains from yet, after that 4% rally that we saw. we're looking at resistance perhaps around the 4.75 level. we saw a natural gas level that was certainly not what analysts were expectings. 65 billion cubic feet which is much greater than what the consensus was. that was between 64 and 68 million cubic feet. but it's also far greater than what we normally see this time of year. greater than last year's withdrawal. greater than the five-year average and it lets you know that we saw much cooler temperatures last week that certainly
story tonight reaction. joining us from washington mary catherine ham and juan williams from washington. where am i going wrong, juan. >> you said people feel more secure if they are able to own a gun. i have got to say first off the bat, bill. i think you are exactly right about everybody's right to have a gun the supreme court has reaffirmed it. i differ about my understanding what the founding fathers wrote. i think they were writing about a militia. the court sides with bill o'reilly or bill o'reilly sides with the court. we have some guns in this country right now and when you talk about someone feeling more secure, according to the center for disease control, you know, you're 50% more likely to shoot yourself than shoot any other criminal, more likely to shoot a spouse or a child than to shoot anybody who intends to do you harm. that's why i think -- >> bill: that's an individual decision and you can say look, you are 50% more likely to have a house fire if you have an oven rather than if you didn't have one. that doesn't really make any sense. what makes sense though is mary kath
alexander young, he went to washington d.c., and came back home with some bacon. stuart: well, you heard the rest from there. the lady goes on to say it's a quid pro quo give us the monny because we voted for you. the question, will the president offer any hint of a bailout, bailout help for deeroit today. will he address union anger at michigan's right to work legislation? this goes to the heart of government spending and the position of organized labor in president obama's second term. we're right there in michigan. let's go to facebook. weigh in on what's happening there. will detroit get a bailout and what do you think about the unions? will they win? good questions all. now, one of the worst blowouts in nfl history. seattle seahawks beat arizona cardinals 58-0. the cardinals threw four interceptions fumbled four times and gained 154 yards and seattle undefeated at home and then there's this. the new york giants scored only 52 points in the win over the new orleans saints. the star was the rookie and he returned the kick off for touchdown and all purpose yards and kept the giants in
is joining us from washington, d.c. how serious should we take this north korean rocket rods? >> very serious. it means that the five members are interested. the development of these rockets is only a prelude, a projection, for more missiles towoodard. dagen: did you expect anything out of china? >> there will be narrative. there will be verbal chinese warnings. not to develop, you know the situation. they have their own narrative that think should be stable. if they do not get anything else from us, in return, that has not happened so far. dagen: relate north korea and this latest action and problems in the middle east. north korea's relationship with iran supplying technology there and does this now take our eye off of, say, just syria? >> it should not. any rocket or missile launch in northern korea is a missile launch for by rob. they are allies. they give each other technology. yesterday the president of the united states still clear that he will be the ally, the partner of the syrian opposition. dagen: serious how? what is next? what power does this give the rubble group and where does
of the rate that high workers are. we don't want to draw the best and most skilled workers in washington. >> it is interesting to me, people seem to know this. 67% of us think that the people in the private sector work harder than those in the public sector. the federal workforce has more machine money. we are supposed to be having budget cuts. why isn't anyone looking for it. this is one of the areas where republicans have pushed for spending restraint. there is a lot of money here. federal workers outside of the military cost us $240 billion a year. 100,000 beurocrats in the department of agriculture. let's privatize a lot of it. half a million people work for the post office. let the private sector figure it out. >> president obama has hired 143,000 federal workers since he took office. >> i don't think anybody knew that. >> thank you to chris edwards. i appreciate it. that is it for tonight's show. thank you for watching. we will be back tomorrow evening with much more.
are headed to washington. let us know what's happening. >> he's going to fix it. >> we're going to have pizza. >> make sure you join us tomorrow. "squawk on the street" is next. ♪ >>> led zeppelin to wash away monday blues. congrats to the band for winning kennedy center honors last night. welcome to "squawk on the street." i'm carl quintanilla along with jim cramer, david faber live at nyse. melissa will join us in the next hour. we're kicking off the month of december with strength. anticipating good auto numbers today. greece unveiling that $10 billion eurobond buyback. a 52-week high in france and germany. our road map this morning begins in washington where fiscal cliff negotiations according to the "times" has "collapsed." at least for now. with less than a month until the deadline, who blinks first if anyone? >> goldman takes dell from a strength to a buy. is it time to look at the stock and maybe even other players in the beat up personal computer sector? >> manufacturing data out of china. not bad. 50.6. that's the highest in seven months. although shanghai again trades lower even
. david: nick, words are cheap, particularly in washington. so are promises for that matter inside the beltway but did you get any specific promises people would hold the line on dividend taxes at least by some amount? >> i think we did get an indication, first of all, we're in tune with the issue of parity between capital gains and dividend taxes. they understood that. understood it as a concept going into the discussions. from an increase perspective they did understand it would have impact on economy, would have impact on our rates. but i think there is a sense of frustration there is a whole big issue to deal with here and comprehensive deal and they really don't know exactly where it is going to come out but there was optimism it would be something, less than ordinary income. david: good luck. let's hope you made progress. nick, pat, thank you both for coming in. >> thank you, david. >> thank you. liz: investors have been looking at different ways to hedge against inflation. many have been adding hard assets to their portfolio. david: that includes wine vineyards. robert gray
. timothy depite gite saying we'll raise taxes 1.6 trillion and washington will increase taxes on capitol gains and we would like to say we like the power to raise the debt ceiling any time we want for the executive branch which is unconstitutional. >> steve: it is not 39 or 35 percent. all nonstarters in the world of negotiation. >> gretchen: two things to discuss. why is it tim geithner doing the discussions inted of the president of the united states. let me know if you have an answer for that. and the reason they are asking for this stuff. this is the way negotiations work when you win the presidency. you are walking around with your chest puffed up. this week, nothing will happen. until you cum come up right to the cliff. >> brian: this president is making a mockery of negotiations. he offered a initial trike with under 30 days until the cliff happens . sos the unserious attempt to get anything done. republicans ippedicated we will raise revenue. but the nuggets that are inside and his decision to go to pennsylvania and talk to a tinker toy and scrooge and coal in your pocket is an i
. >> brian: meanwhile james rosen is over in washington now. you know, the president spoke yesterday emotionally. he said not as a president. i speak to you now as a president. understands what he was going through and what we're all going through. listen. >> those who died today were children. beautiful little kids between the ages of 5 and 10 years old. they had their entire lives ahead of them. birthdays, graduations, weddings, kids of their own. >> steve: yesterday the president of the united states had the face of the nation right there wiping away the tear. >> we are seeing this more and more. seems like we are aurora shooting and kicked with with gabriel giffords and what happened in that parking lot that day. more and more hearing about the same themes. >> evil. >> alisyn: so for more on the president's reaction we go to james rosen in washington. good morning, james. >> alisyn and guys, good morning to you. actually we saw an interesting range of reaction from official washington, the nation's top elected republican house speaker john boehner issued a call for unity yesterda
't do something. peter doocy is life in washington. >> the speaker of the house john boehner thinks that president obama moved the goal post again yesterday. even though the president is asking for 1.4 trillion in new taxes over the decade which is 200 billion less than the initial offer, the republicans are not moving. their counter offer for 800 billion over a decade same as before and republican aids are telling us there is's big gulf between the sides on detailings. republicans don't think that the president is specific enough about the spending cuts he's willing to pass. >> the president doesn't agree with our approach. he's got an obligation to put forward a plan to pass both chambers of congress. right now the american people have to be scratching their head and wondering when the president is going to get serious. >> officials privately expresss would increased optimism about a deal with one senior audiovisor saying that democrats and republicans moved 75 percent of the way toward a deal and in an brew with barbara walters on abc, president obama said he is optmistic that th
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